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Pimco's Chief Economist, Managing Director resigns

Departure

Pimco said Friday that Paul McCulley has stepped down as chief economist and as a managing director, a role he had assumed in May at the request of Bill Gross , who was the investment firm's chief investment officer at the time.

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Departure

Pimco's Chief Economist, Managing Director resigns

Pimco said Friday that Paul McCulley has stepped down as chief economist and as a managing director, a role he had assumed in May at the request of Bill Gross , who was the investment firm's chief investment officer at the time.